TNR Gold (CVE:TNR) PT Set at C$0.35 by Fundamental Research

TNR Gold (CVE:TNR) has been assigned a C$0.35 price objective by analysts at Fundamental Research in a report released on Wednesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Fundamental Research’s price objective would indicate a potential upside of 100.00% from the stock’s previous close.

TNR Gold Stock Down 5.4%

TNR opened at C$0.18 on Wednesday. The stock’s fifty day moving average is C$0.16 and its two-hundred day moving average is C$0.12. The company has a market capitalization of C$36.59 million, a P/E ratio of -17.50 and a beta of 1.33. TNR Gold has a 52 week low of C$0.05 and a 52 week high of C$0.19.

Insider Activity at TNR Gold

In other TNR Gold news, Director Kirill Klip sold 200,000 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of C$0.15, for a total value of C$30,000.00. Following the transaction, the director owned 26,763,000 shares of the company’s stock, valued at C$4,014,450. This trade represents a 0.74% decrease in their ownership of the stock. Also, Director Konstantin Klip sold 200,000 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of C$0.16, for a total transaction of C$32,000.00. Following the completion of the sale, the director owned 2,262,000 shares of the company’s stock, valued at approximately C$361,920. This trade represents a 8.12% decrease in their position. Over the last quarter, insiders have sold 600,000 shares of company stock valued at $94,000. Company insiders own 15.12% of the company’s stock.

TNR Gold Company Profile

TNR Gold Corp. engages in the acquiring and exploring mineral properties. It explores for gold, copper, silver, and lithium deposits. The company holds a 90% interest in the Shotgun gold project located in the southwestern Alaska. It also holds royalty interests in the Los Azules Copper and Mariana Lithium projects located in Argentina. TNR Gold Corp. was incorporated in 1988 and is headquartered in Vancouver, Canada.